511 W Center St - Apartments FOR SALE


Manteca, CA 95336- East Manteca
$799,000 USD
415-625-2117
511 W Center St, Manteca, CA for Sale
$799,000 USD
Apartments - FOR SALE
1/13
null | 4.08% Cap Rate

511 W Center St
Manteca, CA 95336
East Manteca


HIGHLIGHTS

  • All two-bedroom/one-bath units in high growth market with strong fundamentals.
  • Strategic location with regional connectivity to jobs and urban hubs. City-backed development initiatives enhancing long term value and fostering busi
  • 0.13-acre parcel with covered parking, large backyard area, and each unit separately metered for gas and electricity. .

OVERVIEW

First Showing Thursday October 30th, 2025 from 2:00 pm - 3:00 pm, please RSVP to attend to jon.holmquist@marcusmillichap.com. The Subject Property at 511 W. Center St., Manteca, CA consists of a four-unit property on a 0.13-acre parcel located six-blocks Northwest of S. Main and W. Yosemite in the core of Manteca city center. The property consists of wood frame two-story construction, with a mix of low maintenance wood & stucco siding, and superior pitched composite roofs (recently replaced), over main building & carports, which should minimize expenses. All units are two-bedroom/one-bath, with wall-mount ac units, individual entrances, and covered parking carports with room for an additional tandem parking space for each unit in front of each carport. The complex has a spacious backyard to the rear, and possesses attractive, yet easy to maintain landscaping, and low maintenance concrete parking areas. Units are individually metered for gas and electricity ensuring low recurring expenses for ownership. This offering allows an investor to lock in 30-year fixed rate financing and is the perfect alternative to a home for the owner user, or offers a compelling investment opportunity for an investor looking to acquire a low maintenance property, with rental upside, in a very strong market and area. Manteca is traditionally a high growth market, and a new add-value buyer will benefit from the continued migration of remote works and new job creation in the Manteca area as employers continue their trend of expansion to the Manteca market driving local job growth.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

4

PRICE/UNIT

$199,750

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Manteca Fourplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

217-200-13

ASK ABOUT THIS PROPERTY

Jon HolmquistJon HolmquistMore Info
415-625-2117

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Jon HolmquistJon HolmquistMore Info
415-625-2117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.